Announcement
11 Apr 2017
April 11th, 2017 - China's Ministry of Culture unveiled a new policy that gives certain advantages to producers of 'digital culture', i.e. online media and content in general, provided that media restrictions are adhered to.
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Number of interventions
3
2 certainly harmful
1 likely harmful
0 liberalising
List of interventions
Implementation date
11 Apr 2017
Revocation date:
No revocation date
Updated: 11 Apr 2017
Debt purchase
In force
In addition to the tax benefits, eligible companies will also be able to make use of 'direct funds' raised by the government through 'bond financing' and 'various types of relevant equity investmen...
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Updated: 11 Apr 2017
Tax or social insurance relief
In force
On the 11th of April 2017, the Chinese Ministry of Culture announced a plan to assist the efforts of any firms contributing to China's 'digital culture', in particular, online content and digi...
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Implementation date
No implementation date
Revocation date:
No revocation date
Updated: 11 Apr 2017
State aid, nes
Finally, as well as the above, there were two less concrete interventions raised in the text of the announcement.
Firstly, the 'creation of a risk compensation and spreading mechanism' to p...
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